News

PALFINGER to Invest INR 3.5 Billion in Pune Manufacturing Facility, Signs MoU with TVS Mobility

TVS Mobility Pvt Ltd (TVS Mobility Group) has entered into a strategic partnership with PALFINGER to support PALFINGER’s expansion in India through integrated supply chain, dealership, aftermarket, rental and mobility solutions. The collaboration has been formalised through a memorandum of understanding (MoU) and aligns with PALFINGER’s Strategy 2030+ and plans to scale manufacturing and market […]

Motherson-Marelli joint venture inaugurates automotive lighting facility in Sanand

Samvardhana Motherson International Limited has inaugurated an automotive lighting manufacturing facility in Sanand, Gujarat, through its joint venture Marelli Motherson Automotive Lighting India Private Limited (MMLI). The plant is dedicated to producing exterior lighting systems and expands the group’s automotive component manufacturing operations in India. The new facility spans 8,200 square metres and is equipped […]

Hindustan Zinc Signs MoU with Tripura Group for Zinc Park Unit in Rajasthan

Hindustan Zinc Limited has signed a memorandum of understanding (MoU) with Tripura Group to operationalise a manufacturing unit at its proposed Zinc Park in Khankhala, Bhilwara district of Rajasthan. The agreement, announced on 23 February 2026, is part of the company’s plan to develop an integrated downstream industrial hub focused on zinc-based value chains. According […]

Soprema India Opens Geocomposites Manufacturing Facility in Ahmedabad

Soprema India Private Limited has inaugurated a new manufacturing facility and headquarters in Ahmedabad, Gujarat, marking the establishment of a greenfield unit dedicated to geocomposite products. The plant is designed to serve as the company’s central hub for its geocomposite range and is aligned with the government’s “Make in India” initiative. The Ahmedabad facility spans […]

Qualcomm Technologies and Tata Electronics to Manufacture Automotive Modules at Assam OSAT Facility

Qualcomm Technologies, Inc. and Tata Electronics Private Limited have entered into a manufacturing collaboration under which Tata Electronics will produce Qualcomm Automotive Modules in India. Manufacturing is planned to commence at Tata Electronics’ upcoming semiconductor assembly and test facility in Jagiroad, Assam. The Jagiroad facility will focus on platform technologies including wire bond, flip chip, […]

Divgi TorqTransfer Systems Advances Automatic Transmission Localisation, Expands Global Drivetrain Strategy

Divgi TorqTransfer Systems Limited said it is progressing with plans to localise automatic transmission manufacturing in India, positioning the segment as a significant long-term growth opportunity. The initiative forms part of the company’s broader strategy to expand its drivetrain portfolio and deepen localisation across product verticals. Management said automatic transmissions used in India are largely […]

ASM Technologies Ltd to Acquire 20 Percent Stake in Myelin Foundry; To Deploy Edge-Based AI in Manufacturing

ASM Technologies Ltd announced that it has signed definitive agreements to invest approximately INR 480 million to acquire an aggregate 20 percent stake in Myelin Foundry Private Limited. The strategic investment is part of a partnership to deploy patented, high-performance artificial intelligence (AI) solutions across ASM’s engineering design-led manufacturing portfolio. According to a press release […]